Investment Opportunity

INTELLECTUAL PROPERTY PROTECTION

The US Patent issued in August 2015 protects the tight integration of the tablet docking construct with the LED lamp head. The bright LED array and streamlined locking mechanism provides a design that, combined with adjustable positioning, is not currently on offer, and that competitors will struggle to match going forward without licensing the Ambility technology.

COMPLETE FUNCTIONAL PROTOTYPE

Ambility has progressed the product design through several prototypes, improving the outward design, lamp, and docking mechanisms through each iteration. We have a clear, short list of mechanical enhancements to resolve in the final prototype design that will improve the look and feel and increase the range of tablet positioning options ahead of building our direct sales channel and approaching potential retail partners. At their request, we are keeping Hammacher Schlemmer and Humanscale up to date on milestones and anticipated dates for customer testing.

EARLY BREAK-EVEN TARGET 

Through a combination of domestic and international manufacturing partners we forecast first run manufacturing break-even volume of just over 1,700 units with a retail price of around $250, about the same cost as other modern floor-standing lamps. 

Simple, secure, adjustable tablet docking station and floor-standing lamp